Member Info for ragtrade

Goldenyears, you doing someone else's bidding, congrats on your 5 posts, i'm no Plumber but i suspect your the Ginger Troll, read my post, if you don't agree with it then kick it into the long grass and move on or i'd be more than happy for you to feck off.

This bodes well for or sector.
Goyal said India would aim to get access for Indian textiles, gems and jewellery, footwear and handicrafts as part of the early harvest agreement. “Both sides have drawn up a very aggressive and ambitious timeframe, and aim to conclude negotiations by December 2021 itself,” said Goyal adding that both sides aimed to sign a formal agreement in early 2022

Wyn, interesting your perception, tbh the lines are so blurred now, however Next Brand being cooler than Burtons, i guess i wud say that neither are cool, both steady away and perhaps Next a couple of notches up from M & S in terms of Fashion, believe it or not the biggest decision they sometimes debate is whether to stick with one pocket on a shirt or push boat out and go for two !! It's def a safe Brand, people trust the quality, trust they can walk in pub and their mates not take the p#ss out of them, they also trust the prices, the Next customer is very loyal. Not having a go at you but it's very common for people on here to write off the Debs Brands and then to say well i'm not sure what they are or what they represent, actually some of these Brands inc Burtons/DP's do not need re-booting too much to breath new life into them, i can tell you that BH also have really good young teams now to do it.
One quick point re the blurring, Burtons, one of the Girls in our office was doing her B/F's ironing ta while back, he is 24, smart casual (smashual) kind of guy, likes the gym, she ironed 5 Burtons Casual Shirts, he bought them from Asos when they stocked Burtons, she asked him why he liked Burtons, he said he had no clue just liked the shirts and he got them from Asos, point is he didnt have any history with Burtons due to his age and no shops for him to judge, in fact he just thought it was a Asos Brand, as i say lines are so blurred now, just saying don't dismiss it because the Directors def aren't, of course totes agree re make up!

Wyn, question, where do you seen Next's own buy brand v RH, Mray or Burtons?

Wyn, i totally understand why you say that, however the customer on RH, Mray and Burtons is not the same as slipper, dressing gown, sweater buying BHS Customer, if i'm wrong then of course i'll hold my hand up but if i am wrong then so will BH Management be wrong and they are going to have a absolute sh#t load of mark down in SS22!!! Getting stock in btw esp from China is becoming a massive massive issue, not sure if it's just a rumour (tons in this business!!!) but i been told this morning that they have bought two planes to fly stock in!!! smart move if true!

Goldenyears , got no issues with you or anyone else on this board, i only green screen one person as the guys a gaslighting troll and has issues.
No dodges whatsoever re PLT t/o i think even the Plumber could work out it will have increased since last published fig, FFS its' A GIVEN !!!! the fact that it was jumped on by the Troll as an angle to say i carved it into rock in the belief that i think this is what it currently is tells you all you need to know , he even said it was years old so wasn't even sure himself, i would ask you same as i said to Jjo do not do the Trolls bidding. All educated guesses as to how much the t/o is and for all shareholders, we await with baited breath, i hope it exceeds the institutions expectations. It's become clear now that this is just one aspect of BH group that they will be looking at, believe it or not some investors despite knowing that numbers were good still sold due to fleagate and as this is all about the share price increasing it's clear that revenue is now just one part of what makes up the BH Group sentiment, how big sentiment on figures is i really don't know anymore, when they have shown the increases that they have and the share price is still wallowing below £3.00 it does make you wonder what BH have to do, i think that when someone sells of back off the back a flea story then it does make you realise how jittery some investors are re BH.
Re Debs and i also include, as my original post mentioned, Burtons and DP's, i totally 10000000000% believe that they will overtake PLT at some point, buying them was CRITICAL, the fashion graveyard is littered with Brands who nailed their colours to the mast and thought they were invincible, it's fashion, the wind will change direction as sure as light follows day, of course not today or even tomorrow but it will change. In the wings are steady Brands with a loyal following, teams are now in place to maximise them, 6 months ago they barely had any stock, now it's incoming, 10's of thousands of pieces, for the core of these Brands they do not work or need test/repeat, which is now becoming unsustainable, factories overseas are turning away the 150pc / 300pc orders, there is no productivity in them and fty margins are shocking, to carry on feeding this for BH/PLT the UK FTy will be critical but at what capacity, i will be very interested to see if it can feed the BH/PLT demand, as for the other Deb Brands demo these are followers not leaders, they do not want or need such speed to market, trends do not change any where nearly as quickly, these will be much much easier to manage, they can buy in more depth, margins should be better, BH/PLT will increasingly face margins issues , to say the least it's becoming increasingly tricky. I might add that this is on the backdrop of many UK Buyers pulling or reducing exposure to Bangladesh, Primark, Tesco's etc, this is going to cause capacity issues in more compliant Countrys, as no one is interested in 200/300pcs.

Goldenyears , errrr i'm not sure your post caused Armageddon, your only 3 posts in to this so you have a huge amount of catching up to do to u/s the Board and its idiosyncrasies, be rest assured your posts did not start any row, start back this time last year and read through my posts, can't be bothered ?? don't blame you!
All you need to know is that i have posted PLT t/o as circa £500m and it's shot down in flames as being as being way out of date as being a few years old, LoL, someone didn't do their research as this is the last fig published and its up to Feb20 so no not years ago, quelle surprise, all the rest of PLT figs given are total guess work. I take it you have read my post about the DNA of Primark, Arcadia, BH Group, so all that DNA adds up to what?? Debs being bought for make up, don't think so. I have never said that the Debs Brands in short term will be bigger than PLT but in time yes 1000000000%, you will start to see the impact of what they are doing in Q4, i'm def not saying in the short term but longer term yes thats my belief and why i have stayed in, what the Troll doesn't like is a Plumber buying in because he isn't an Accountant, he's bitter that the Plumber buys in for completely different reasons to an Accountant and makes money, this is the same Troll that bigged the shares up massively then sold when fleagate hit, this is the same guy that and i quote from Jjo post "Also re PLT. It was £500m a few years back" errrr as i said circa 500m or to be 100% accurate £516.3m Feb 20 and Goldenyears sums the Troll up. I'm sure we all want the shares to go up, at least Kallu's argument has a basis, the basis of this troll's argument is not that we all want them to go up and believe in BH but for what reason the plumber bought in as he really shouldn't be because it has no clue, LoL.

Hey Jjoo no issues, it's my insight, i do work with these brands so i'm very hopeful as i see what's in the pipeline, which means of course i have an opinion but none of it means i'm right anyway who cares as long as share keeps heading in right direction!

Jjoo, may i politely suggest if someone else ( who is a troll) says i got numbers wrong then you are doing their bidding, would it not be better if you really do care about figs that you go away DYOR and if any queries then gladly i'd respond.
I'll make it easy for you, PLT t/o i said circa £500m, you said by someone else's bidding this fig was from a few years back,
Latest link below from Boohoo investors Board
https://www.boohooplc.com/brands/prettylittlething

That's all you need to know, happy to converse with you but please do not do someone's dirty work, the guy's got issues.

Jjo LoL, Lol don't go there with the Trolls bidding if you haven't gleaned the way he operates then i think you should perhaps look back, you won't have to go far see @Pmoran, Desperate (Dan) is indeed desperate , lol, for someone to act for him, looks like you have taken the bait, you won't get any response from me as i don't feed Trolls, i just get ginger, sorry i mean green, coming up so he needs a proxy, i steer well clear if i was you.
Click on my user name, all my posts will come up, YouGov link not that far makes interesting reading, ttfn.

Jjo they are investing 500 million, as i keep saying what the hell is the point of buying something and shouting out about it telling everyone how good it's going to be and then not backing it, this is BH Group now not Boo Hoo, i can categorically tell you that they are backing these Debs Brands so we will just have to agree to disagree but the girl who is 23 now will be 33 poss with a kid in 10 years and she will not be buying from PLT, the Demographic and it's spread is so critical to all of this as it makes the potential is huge.

Jjoo , indeed profit is sanity, did you read the YouGov link i sent about loyalty ??? in the Debs Demo. Debs was bought for many things and yes beauty being one for the fundamental reasons, dismiss the clothing, not sure management are tho as we have booked 10's of thousands across the Debs Brands, they will of course be looking at buying history to gauge demand, tbh they are easy to dismiss but given that you said your not sure exactly what the actual Brands are then yes deffo perhaps i am a bit closer and therefore have a decent insight. I assume your invested, so at end of day all that matters is that share rises, if it rises due to Beauty great, if it rises due to PLT great, if it rises because Debs loyal customers are buying into the myriad of Brands that they know and trust then great, remember Debs was not dead and buried sitting under ground only 3 years ago it was doing 3 billion, all inc Burtons and DP's were trading, issue were the horrendous costs that had built up, look at the History of the debt pile on both Debs and Burtons, PG 1.2 billion divvy !!! and oblivious to online investment, chuck in a bit of Covid to drill in the final nail a few years early, this is what finished them both not the offer.

Debs failed for a few reasons, its a long tale and well known in the trade. Firstly sales have always been pretty strong, 2011 saw record profit of 160 mill and t/o continued to rise in fact i think 2017/18 saw higher t/o than its record profityear, however this was off the back of store expansion which involved the old story of signing up to onerous leases, this all coincided with increased mobile connectivity and explosive increases in people shopping off their phones. 2017 sales and stores were at record levels, however so was debt, in order to maintain sales Debs started the slippery slope of discounting and promo's, margins took a hit and this drug of discounting was at the expense of profit,. margins dipped but rents and rates dramatically increased and lenders got jittery, our supplier payment terms went from 30 days to 120 in the space of 6 months, we called it a day as risk v margin was just not worth it, over the next 20 years they would have had £4.3 billion of lease obligations. Debs collapsed not because of poor ranges or loyalty but because of bad decisions by Directors which led to massive debt and this was off the back of asset stripping before re floating. At its height Debs T/O was nearly 3 billion, PLT t/o is what circa 500m. Read the YouGov report i posted on here re BH Group and the loyalty that Debs has v younger Brands. If Debs/Arcadia can't in time exceed PLT then what the hell did they buy it for, I've also posted the DNA of BH Group, Debs, Arcadia, my belief is that JL, Kamani, AR, MH, KC saw this demographic as clear as day. Just my musings take em or leave em, end of day holders just want share to rise, yes even the plumbers who stuck it all on black, doesn't matter how provided it does.

@Jjo this might be of interest to you from You Gov, this is sums up nicely that wider Demo that i think is so important for the BH Group, hopefully link works!

https://yougov.co.uk/topics/consumer/articles-reports/2021/01/27/boohoo-buys-debenhams-brand-broaden-its-customer-b

Pmoran the troll is suckibg you in, the guy has issues, you can see the way he works so its s futile, wouldn't waste anymore time on him.

Well why even buy Debs etc in first place? To understand why you need to know the History, the DNA of Debs and Arcadia Brands runs thick thru the veins of Kamani due to Pinstripe, which he owned, they made and supplied them for years, this was during the Debs hey day of Belinda Earl with Designers at Debenhams, Paul Marchant (CEO Primark was head of buying @ Debs) John Lyttle initially worked for Phillip Green as head of Burtons, laterly he would go on to work with Paul at Primark as well as Andrew Reaney, all inter twined , all aware of the past and the nuances that made it such a massive success. Debs Arcadia was bought off the back of the DNA and awareness of the past and a total understanding of how under a new medium it could be potentialized once again. I suspect Designers at Debs to be resurrected, its demo knows it well it was massively successful, this time tho like Molly Mae it will be influencers at Debs , collabs at Debs , lesuirewear ranges put together in collabs EG our latest Ladies Tennis Champ. Its fashion , dismiss nothing , expect change. They have the teams and management to do this now , Debs was bought for a myriad of reasons at forefront is that it is not a PLT one dimensional Brand, Debs can target a whole new demo , of course strategic and focused thats a given But hey what the hell do i know , i only announced on here that BH would go for Debs before it was even muted and Mitch Hughes wud join the Group weeks before it made the press, just my point of view, doesnt mean im right however i do back myself on fashion shares and very little else and so far ive done ok

Jjo totally wrong in my book re the Brand aquasitions, you only have to peer over at Next to see the potential of their demographic, i n time combinrd Debs offer will dwarf PLT. What happens if urban grunge trend becomes massive amongst next generation PLT glamour girl will be wiped off map, of course not in short term, in fashion nothing is forever and PLT is extremely one dimensional at somepoint will 100% need reinventing, Debs some brands are steady eddie, very Next, others can be tweaked to be alot more egdy, BH Group has the portfolio to do this, Topshop rememder was once the Golden Goose, sit still in this game on young directional fashion and your dead , the moment you think you've cracked it you go down pan, Debs Brands not so much. Debs Brands failed because they were stripped of all their value when they were bought out years back, assets were ripped out and it was re floated with a very muted reaction from the City and ut never re covered. All that value in terms of buying teams for their own buy Brands is being added back in and i expect in time the combined affect to be bigger than PLT and to have much more longevity as its so diverse.

Jjo, def i see the value in the data, Debs already had this , havent got tine to search but registered customer numbers were very good and the wider demo is for me at least 100% where the value is going to come from. Of course everyone wants this share to go up and it does so for many reasons not just earnings, same thing applies to share going down some on here sold on fleagate, i understand why a jittery investor with no background knowledge of industry would do so., in fact BH earninfs ncreased. So many things add value to this share and also detract from it, the whole picture adds up to the way investors see BH Group and i get to see an awful lot of it, including knowing most of the new management , which takes me back to the beginning and the Debs wider demo and the confidence in the teams to deliver revenue on these brands and for them to finally put to bed any major non compliances that plague this share.

Jjo, a ton of recruitment has happened and still ongoing circa 5000 people, part of this is buyers, designers and garment techs for the Debs Brands, of which there are many, im currently working with Red Herting, Mantaray and Maine, these are all new teams, there are others, each one of these targets a different audience, They have the tools to go head to head with Next, short term of course BH / PLT are their main earners but you asd in Burtons / DPs and add these to Deb Brands then the fasion offer is massively compelling, ive not even mentioned kidswear. Not sure what you means re retail as Debs is not a UK retailer but do not dismiss the Brands and rejuvenation of them, ill agree to disagree if you dont think that they add up to a major offer in next few years to BH Groups revenue, they are a massive threat to pinch market share from Next , Very etc with the Brands they have in there stable and Management who know how to do it.

Jjoo , yes deffo agree, of course there will be other revenue streams coming through but the recent acquisitions in coming months and years are set to become very very significant and most importantly they now have a very wide demographic to target, i really do see taking market share from Next in coming years as they are incredibly nimble, buyers bring given autonomy, very rare these days, Next can take 4 meetings to get ranges signed off buying by committee.